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Feasibility, beneficiality, and institutional compatibility of a micro-CHP virtual power plant in the Netherlands

Author: Landsbergen, P.
Mentor: Groenewegen, J.P.M. · Fens, T.W. · Bouwmans, I. · Gnutek, R.I.
Faculty:Technology, Policy and Management
Department:Economics of Infrastructures
Type:Master thesis
Date:2009-06-30
Keywords: micro-CHP (μCHP) · virtual power plant (VPP) · technical feasibility · economic viability · institutional analysis · energy savings · CO2 emissions · net present value (NPV) · internal rate of return (IRR)
Rights: (c) 2009 Landsbergen, P.

Abstract

Dutch households are responsible for a significant part of the total Dutch energy consumption and CO2 emissions. One option for decreasing household energy consumption and CO2 emissions is to deploy micro-combined-heat-power (μCHP) units. A micro-CHP virtual power plant (VPP) is a cluster of grid connected μCHP units that is monitored and controlled on an aggregate level by a VPP operator for commercial or technical objectives.

In this research, the technical feasibility and economic viability of the VPP was evaluated, as well as the impact of the institutional environment on these aspects. Also the VPP was compared to existing systems, to determine whether it is beneficial to implement such a system in the Netherlands.

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